Morgan Stanley Maintains Underweight on Ally Financial, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Van Hees maintains an Underweight rating on Ally Financial (NYSE:ALLY) and has lowered the price target from $24 to $23.
October 19, 2023 | 2:28 pm
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Morgan Stanley has maintained an Underweight rating on Ally Financial and lowered the price target from $24 to $23.
The lowered price target by Morgan Stanley indicates a bearish outlook for Ally Financial. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100